Wealth managers and analysts have identified cost synergies in the surprise mega-merger between Standard Life and Aberdeen Asset Management, but have raised concerns over staff retention and the need for product consolidation.
Last week, the groups confirmed plans for an all-share merger which would create a global entity with some £660bn in assets under management and 9,000 staff, to be run by co-CEOs Keith Skeoch (Standard...
Approaching $1.5bn capacity limit
Leader of People's Party
Listing two global equities strategies
Aims to encourage competition in industry
Markets went into freefall